Gasoline Prices Highest in Two Months
December 5, 2006
By Tom Moeller
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· The spot market (NY harbor) price for a gallon of regular gasoline slipped yesterday for the third straight day, but at $1.68 per gallon still reflected the hefty gains early last week. · Crude oil prices also fell yesterday but at $62.90 (5.0% y/y) the cost of a barrel of WTI was up from the $59.37 averaged in November and the $58.88 in October.
· The latest Short-Term Energy Outlook from the U.S. Energy Information Administration is available here. |
| Weekly Energy Prices | 12/04/06 | 11/27/06 | Y/Y | 2005 | 2004 | 2003 |
| US Retail Gasoline Price, Regular | $2.30 | $2.25 | 7.0% | $2.27 | $1.85 | $1.56 |